More News

American Commercial Lines Inc. (ACL) said today that its Jeffboat manufacturing facility will be recalling approximately 200 hourly employees, and hiring several salaried supervisory personnel, over the next seven weeks to build an increased number of barges in 2011. Jeffboat, located on the Ohio River in Jeffersonville, IN, is the country's largest inland shipbuilder. ...

TTS Marine AB has won two contracts to supply RO/RO equipment to four  car carriers.The first contract is with Hyundai Heavy Industries for delivery of cargo access equipment to two newbuildings, hull no 2399 and 2400. The vessels are 6,500 units PCTC ordered by Glovis, a logistics company in the Hyundai Group. The vessels will be delivered to Glovis by ...

House Coast Guard and Maritime Transportation Subcommittee Chairman Frank LoBiondo (R-N.J.) set a no-nonsense tone when he opened up a hearing yesterday to review the Administration's budget requests for the U.S. Coast Guard, the Federal Maritime Commission, and the Maritime Administration:"This Congress must make extremely difficult decisions in the coming months to bring our ...

Marcon International Inc. of Coupeville, Wash., has brokered the sale of the dive support vessel "Ocean Project" from Oceaneering International, Inc. of Houston, Texas to private South American interests.The Vanuatu-flagged "Ocean Project" (ex-Rambo, 0601, George E. Darby, Janie B, Cathy B, Nordic Offshore) was built in 1972 by Bel-Aire Shipyard, Lt ...

Britain's A&P Group, which has three shipyards specializing in ship repair, conversion and fabrication, is under new ownership. It has been acquired by Atlantic & Peninsula Marine Services Ltd. whose shareholders include Peel Port Holdings (No2) (IOM) Ltd. and private investors including existing investors and directors of Cammell Laird Shiprepairers and Shipbuilders Limited. ...

Canada's Algoma Central Corporation is to acquire from Upper Lakes Group Inc.(ULG) its partnership interest in Seaway Marine Transport and the vessels and assets owned by ULG and its affiliates and used by SMT in its Great Lakes -St. Lawrence Waterway dry-bulk freight business.Under the terms of the transaction, Algoma will acquire eleven vessels currently owned ...

Trico Marine Services, Inc. (Pink Sheets: TRMAQ) says it intends to conduct an auction to sell more towing and supply vessels as it continues its exit from the towing and supply business.  The U.S. Bankruptcy Court for the District of Delaware has issued an order approving the auction process for the sale of these vessels.The vessels Trico intends to auction include the ...

In the wake of the killings of four Americans last week, U. S. Senator Mark Kirk (R-Ill.) says he will advance anti-piracy legislative options to safeguard U.S. economic and security interests off the coast of east Africa."The murder of four Americans shows the requirement for a tough response to Somali pirates," Senator Kirk said. He is calling his effort to explore a ...

Oceaneering International, Inc. (NYSE: OII) has named EVP and COO M. Kevin McEvoy to succeed T. Jay Collins as President and CEO immediately following the 2011 Annual Meeting of Shareholders, which is set for May 6, 2011.Mr. McEvoy has been with Oceaneering for 32 years, serving since late February 2010 in his current position.  He started his offsho ...

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced what BOEMRE Director Michael R. Bromwichj called a "significant milestone." It approved the first deepwater drilling permit since the Deepwater Horizon explosion and resulting oil spill. It approved Noble Energy's application for a permit to drill a bypass for Well #2 in Mississippi Canyon B ...